Indianapolis Times, Indianapolis, Marion County, 15 March 1951 — Page 34

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PAGE 34 _

=——>Y0U MAY NEVER AGAIN BUY TV FOR 80 LITTLE —— B. F. Goodrich 44 N. Del. at Market FR. 2301

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Credit Controls Next, Says Evans

Farm Leaders Hear ‘Federal Reserve Aid

The Federal Reserve System does not contemplate further “selective” control recommendations in the fight against inflation.

board of governors of the Federal Reserve System, today said the line of action probably will be on indirect controls. These would include further bank credit restrictions.

Hotel, as

described those

{pool controls

others.

{Evans said. {that the result is inflation.

tion, we must have more than one tool to get the job done. There must be other programs to take money out of the hands of the people and into the government. { Bond Sales Will Help | “One of the finest things for the [government is the pay-as-you-go {--or perhaps a little more than as iyou go,” Mr, Evans said. : | He added that inflation must (further be reduced by selling se‘curities.” Fhe government bond {program will play a major part {in this program. | “The more people own government securities, rather than ‘he !banks, the more sound the econjomy will be,” Mr. Evans said.

| “If the banks buy the securities

{they create money,” he added. | Mr. Evans said

economy was going full speed

3 a

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Extra Liberal Trade-In Allowance

A Few Floor Samples and Trade-Ins, Bargain Prices

y/ in of NL iY nen JH (2 Fi :

44 N. DELAWARE AT MARKET "Opposite Courthouse"

Extra Liberal Allowance For Your Old Mounting During Our March Clearance Sale

~ BARNEY”

Jewelers

Lincoln Hotel Corner

We Finance Our Own Contracts — Very Low Rates _

+ FR. 2301

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{when the emergency started. Tne:

demands of the military meres) added customers overcrowded market. There was immediately more income, but less goods. Therefore the spending power of the people must be reduced. The government bond program is one means of doing it, he said.

Legislators, Governor

Watch as Jet Pilot Dies { CHERRY POINT, N. C., Mar. 25. {UP)-While Gov. Kerr Scott HCA Tbe eat Se ROH Caro: |lina legislature looked on in horror, a Marine jet fighter plane came to pieces in the air and crashed, killing the pilot.

BARNEY'S MOUNTINGS MAGNIFY THE SIZE OF YOUR DIAMONDS.

R. M. Evans, member of the

the national

to an already.

”

THE INDIANAPOLIS TIMES oa

{

\Delinquent Tax Property Sale Set for Apr. 9

Approval of Julieta

: Expects Ruling. | : On Sewer Suit Formal dio Apr Jultetta by.

Mayor Bayt today sald he ex- the state welfare department has pects “within a week” a court een extended from Mar. 31 to | y | T 30.

WANT A lot for a little? You will have that opportunity for @ multi-million dollar sewer girector, explained that the ap-| at 10 a. m. Apr. 9 when County construction project. Treaster Louis Raines puts 1200, Mayor Bayt said he is looking recipients now living in the eu. properties up” in the annual de- ty home can draw their benefits. linquent tax sale. forward to settlement of a suit y en } All you pay is {delinquent tax.

diana farm leaders in the Clay- property. If the owner does not! neentt flat and dull. Now you can reselective|redeem the property by repaying| i popularly [the person who claims it in the: ‘tknown as Regulations W,-X and tax sale a tax deed is issued. - i Owners redeeming property sold Heights sanitary dewer project. “This is a credit inflation,” Mr./at the sale must pay 10 per cent NO injunction ever was issued: directed. C33 “There is so much interest if the tax lien is not held] Work was net stopped in Uni-|cleaning venetian blinds, {more money than there is goods!longer than six months. This rate versity Heights, however, because|leum, refrigerators and tile. This! { jumps to 15 per cent for the first Mr. Kelly failed to post bond to new product now available at “If we are going to curb infla- Year and 25 per cent for two years. halt it.

These amounts range from $3 for new sewer construction. to $2000. Lists of the properties to be! offered will be available at the office of County Auditor Roy junction against bond issuance,jwoodwork when the paint literCombs after 10 a. m. tomorrow. It was taken from Marion County 8lly disappeared before

PURCHASERS who pay |- Mr. Evnag. here to_address In-/linquent tax receive a lien on the

decision which will clear the way, pr.

Maurice 0. Hunt, state welfare

Account af Celtic

Plan now to send your youngster to school with a Advertisement iI savings account at Celtic. {| By the time he finishes high il school your regular payday

: il savings and Celtic's generThe suit, filed by one sonn| Retains Gloss ff ous dividends will help put

Kell, , asked f | | nim through college. Start taxpayer, asked for an in-| Have you ever cleaned walls or him HE Oe ho

insured savings account at Celtic.” $1 OPENS AN ACCOUNT.

Jan. 1st Dividend Rate 211%

Corredbiem

SAVINGS ¢ LOAN ASSOCIATION of Indianapolis

23 W. Ohio $4.

ipraval is necessary before welfare

the amount of filed against the Board of Works,’ ; loarring them from issuing bonds Mew Paint Cleaner f

your

| feyes? Perhaps your white wood-| the de-| 0 Hancoek County on 3 change yori formerly had a glorious

lof venue, and. is pending nefore | gloss but after cleaning became

» # »

{Hancock Circuit Judge Samuel J.

[tain the beauty of painted surMr. Kelly filed the suit specifie-| faces with the new C33 Concen-! ally against the Universiiy trate. It removes the dirt but leaves the paint when used as is also ideal for lino-

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YR Sign

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KISSIN fielder, cam ing and sig This m¢ Philadelphis Platt ir finally told conference Gelder had transaction ment befor the Indiana He traine for two wee! along in ph Tribe Pre: proposed | to they give sacker, Lou exchange fc looks as tho to fand the swas with St But Man: today decid spring train the young Cal., as the field candid well stocked right fielder: This decis the well-bui! West will be middle past league seas But it does sen has beel date with amount of ball. After wa through ni the Indians’ as geuuine ( Read Standing weighing 18 he will turn Jacobsen aj and he’s alw field, throw infield. At any ri the Indians’ er in Kissi noon when open ‘their against the of the Pens After - Jac will come | base; Dom field; Fran Nanny Fer Earl Turner shortstop; base, and E Gutteridge the starting to be mad gressed, Only out June, the yo got - into

games last of the Ala

team. The f learn how t circuit isn’ him, | Jacobsen high school strong, the him the yes four-sport

. football, ©

ticipating in He also gion ball a signed to a by Babe H burgh Pirat Speaking President E was high ti Rickey and players the manager ir the Indians Although does not ov any more, agreement 1 is in effect managemen surplus pla) in deals wit nor teams ¢ ganization. Because camped in ( well into tl ule, Bush Meyer migl wielding th squad. Bush als